SelfBank Mobile Knowledgebase

This new form of payment is no different a process as what you presently use with debit and credit cards, it can integrate into your existing terminal or you can use just a mobile phone. It allows someone to pay using their mobile instead of a card with no additional hardware or software needed (in most cases). All that is needed is an SBM account and configure the POS to connect to our gateway (or mobile phone). Payment is instant into your account with no charge backs (when using M-Commerce).They will press the 'mobile' payment button on their terminal, just like they press the debit or credit button currently, they punch in the customer’s account number with amount of transaction, then the customer will receive a SMS message asking them to put their PIN to authorize payment from their phone. In retail environments we have created a bar code technology that will simply get scanned and PIN authorized the same way. We also support a 'quick click' application that most phones can download and install and allow process to be even more seamless, along with a WAP interface.

SBM POS Terminal Options:

1. Use your current mobile phone or PDA, as long as it has either SMS and or WAP capabilities.
2. You can purchase and new mobile phone or PDA and plan from SBM (coming soon).
3. We can integrate our technology into your current POS Terminal. Integration is available for approximately 95% of current POS terminal models out there and additional costs may apply (coming soon).
4. You can purchase a new M-Terminal from SBM, additional costs will apply (coming soon).